Crypto Privacy Tracker

Sovereigns

There is no sovereignty without financial privacy.

The value held privately in crypto rivals some of the largest institutional holders in the world. The Monero community alone holds more than entire nations.

Here's how they compare:

Sovereigns — collective value held privately by crypto communities
Crypto — collective value held on transparent, public ledgers
DeFi — collective value locked in a protocol
Corporate — collective BTC holdings of an institution
ETFs — collective BTC holdings of a fund
State — collective BTC holdings of a nation state

Here's where the sovereigns rank.
# Entity Category BTC
1 Bitcoin (BTC) crypto ₿20.1M
2 Ethereum (ETH) crypto ₿3.6M
3 Tether (USDT) crypto ₿2.3M
4 BNB (BNB) crypto ₿1.2M
5 XRP (XRP) crypto ₿1.0M
6 USDC (USDC) crypto ₿890,557
7 Strategy (MSTR) corporate ₿848,250
8 iShares Bitcoin Trust (IBIT) etf ₿806,037
9 Solana (SOL) crypto ₿757,015
10 TRON (TRX) crypto ₿390,483
11 United States state ₿328,372
12 Figure Heloc (FIGR_HELOC) crypto ₿304,733
13 Private Crypto sovereigns ₿229,509
14 Hyperliquid (HYPE) crypto ₿217,664
15 China state ₿190,000
16 Fidelity Wise Origin Bitcoin Fund (FBTC) etf ₿184,058
17 Block.one corporate ₿164,000
18 Dogecoin (DOGE) crypto ₿154,419
19 Grayscale Bitcoin Trust (GBTC) etf ₿131,528
20 Monero sovereigns ₿129,355
21 USDS (USDS) crypto ₿125,922
22 WhiteBIT Coin (WBT) crypto ₿116,660
23 Wrapped BTC (WBTC) defi ₿116,150
24 Chainlink (LINK) crypto ₿116,090
25 Cardano (ADA) crypto ₿103,652
26 LEO Token (LEO) crypto ₿101,973
27 Tether corporate ₿100,000
28 cbBTC defi ₿97,703
29 NEAR Protocol (NEAR) crypto ₿81,748
30 Rain (RAIN) crypto ₿78,030
31 Stellar (XLM) crypto ₿77,622
32 Zcash (shielded) sovereigns ₿70,606
33 Bitcoin Cash (BCH) crypto ₿69,145
34 BTCB defi ₿65,301
35 Grayscale Mini Trust (BTC) etf ₿62,874
36 United Kingdom state ₿61,245
37 Ethena USDe (USDE) crypto ₿57,762
38 Uniswap (UNI) crypto ₿56,100
39 Dai (DAI) crypto ₿55,573
40 Avalanche (AVAX) crypto ₿54,478
41 Sui (SUI) crypto ₿51,317
42 Canton (CC) crypto ₿50,825
43 USD1 (USD1) crypto ₿49,528
44 Gram (prev. Toncoin) (GRAM) crypto ₿47,008
45 Ukraine state ₿46,351
46 Hedera (HBAR) crypto ₿45,366
47 Metaplanet (MPJPY) corporate ₿44,000
48 Twenty One Capital (XXI) corporate ₿43,514
49 Tether Gold (XAUT) crypto ₿41,279
50 Xapo corporate ₿38,931
51 Bittensor (TAO) crypto ₿38,402
52 Bitwise Bitcoin ETF (BITB) etf ₿38,189
53 Global Dollar (USDG) crypto ₿37,910
54 Bitway (BTW) crypto ₿37,304
55 Shiba Inu (SHIB) crypto ₿36,708
56 Cronos (CRO) crypto ₿36,219
57 Quant (QNT) crypto ₿36,102
58 MARA Holdings (MARA) corporate ₿35,577
59 PayPal USD (PYUSD) crypto ₿35,158
60 ARK 21Shares Bitcoin ETF (ARKB) etf ₿35,026
61 Casascius Coins defi ₿34,808
62 Mt. Gox corporate ₿34,504
63 River corporate ₿33,737
64 Strive (ASST) corporate ₿32,773
65 Ethena (ENA) crypto ₿32,744
66 OKB (OKB) crypto ₿30,305
67 Bitcoin Standard Treasury Company (BSTR) corporate ₿30,021
68 Ripple USD (RLUSD) crypto ₿29,896
69 Aave (AAVE) crypto ₿29,606
70 Circle USYC (USYC) crypto ₿29,312
71 Ondo US Dollar Yield (USDY) crypto ₿28,924
72 Ondo (ONDO) crypto ₿27,289
73 BlackRock USD Institutional Digital Liquidity Fund (BUIDL) crypto ₿26,856
74 Pump.fun (PUMP) crypto ₿26,353
75 Worldcoin (WLD) crypto ₿25,061
76 Polkadot (DOT) crypto ₿24,974
77 Aster (ASTER) crypto ₿23,525
78 Falcon USD (USDF) crypto ₿23,121
79 PAX Gold (PAXG) crypto ₿22,502
80 World Liberty Financial (WLFI) crypto ₿22,212
81 Bullish (BLSH) corporate ₿22,000
82 USDD (USDD) crypto ₿21,846
83 Mantle (MNT) crypto ₿21,840
84 MemeCore (M) crypto ₿21,790
85 Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) crypto ₿20,899
86 CoinShares Bitcoin Tracker (BITCOIN-XBT.ST) etf ₿20,850
87 Pepe (PEPE) crypto ₿20,837
88 Internet Computer (ICP) crypto ₿20,782
89 Morpho (MORPHO) crypto ₿20,632
90 Sky (SKY) crypto ₿20,435
91 United Stables (U) crypto ₿19,328
92 WisdomTree Physical Bitcoin (BTCW.SW) etf ₿19,260
93 SpaceX (SPCX) corporate ₿18,712
94 Purpose Bitcoin ETF (BTCC.TO) etf ₿18,373
95 HTX DAO (HTX) crypto ₿18,063
96 Coinbase Global (COIN) corporate ₿17,311
97 Bitget Token (BGB) crypto ₿16,360
98 BFUSD (BFUSD) crypto ₿16,167
99 Arbitrum (ARB) crypto ₿16,127
100 USDGO (USDGO) crypto ₿15,591
101 Ethereum Classic (ETC) crypto ₿15,542
102 VanEck Bitcoin Trust (HODL) etf ₿14,767
103 Venice Token (VVV) crypto ₿13,714
104 CleanSpark (CLSK) corporate ₿13,530
105 JUST (JST) crypto ₿13,400
106 Gate (GT) crypto ₿13,158
107 KuCoin (KCS) crypto ₿12,879
108 Algorand (ALGO) crypto ₿12,834
109 Jupiter (JUP) crypto ₿12,411
110 POL (ex-MATIC) (POL) crypto ₿12,265
111 Kaspa (KAS) crypto ₿12,237
112 Render (RENDER) crypto ₿12,226
113 Trump Media & Technology Group (DJT) corporate ₿12,062
114 Filecoin (FIL) crypto ₿12,053
115 Blockchain Capital (BCAP) crypto ₿11,830
116 Lombard Protocol (LBTC) defi ₿11,780
117 Cosmos Hub (ATOM) crypto ₿11,575
118 Tesla (TSLA) corporate ₿11,509
119 Riot Platforms (RIOT) corporate ₿11,380
120 Pi Network (PI) crypto ₿11,024
121 Injective (INJ) crypto ₿10,970
122 Aerodrome Finance (AERO) crypto ₿10,834
123 Hut 8 Mining (HUT) corporate ₿10,278
124 Open USD (OUSD) crypto ₿10,138
125 NEXO (NEXO) crypto ₿10,061
126 Stone Ridge Holdings corporate ₿10,000
127 Invesco Short Duration US Government Securities Fund (USTB) crypto ₿9,988
128 Lighter (LIT) crypto ₿9,916
129 LayerZero (ZRO) crypto ₿9,749
130 Aptos (APT) crypto ₿9,155
131 Block (XYZ) corporate ₿9,117
132 Celestia (TIA) crypto ₿9,019
133 ​​Stable (STABLE) crypto ₿8,764
134 Stacks (STX) crypto ₿8,719
135 Solv Protocol Bitcoin defi ₿8,643
136 Midnight (NIGHT) crypto ₿8,609
137 GHO (GHO) crypto ₿8,571
138 PancakeSwap (CAKE) crypto ₿8,539
139 Function (FBTC) defi ₿8,460
140 Tornado Cash sovereigns ₿8,406
141 Akedo (AKE) crypto ₿8,372
142 American Bitcoin Corp (ABTC) corporate ₿8,300
143 XDC Network (XDC) crypto ₿8,269
144 Pyth Network (PYTH) crypto ₿8,224
145 21Shares Bitcoin ETP (ABTC.SW) etf ₿8,195
146 El Salvador state ₿7,803
147 GD Culture Group (GDC) corporate ₿7,500
148 Beldex sovereigns ₿7,430
149 Bitwise 10 Crypto Index Fund (BITW) etf ₿7,056
150 Avalon Labs defi ₿6,997
151 Galaxy Digital Holdings (GLXY) corporate ₿6,894
152 United Arab Emirates state ₿6,420
153 Franklin Bitcoin ETF (EZBC) etf ₿6,331
154 Threshold Bitcoin defi ₿5,941
155 Gemini Space Station (GEMI) corporate ₿5,528
156 Hashdex Nasdaq Crypto Index Fund (HASH11.SA) etf ₿5,440
157 Invesco Galaxy Bitcoin ETF (BTCO) etf ₿5,113
158 ProCap Financial (SVIA) corporate ₿4,965
159 Samourai Whirlpool sovereigns ₿4,928
160 Nakamoto Inc (NAKA) corporate ₿4,467
161 sBTC defi ₿4,370
162 3iQ The Bitcoin Fund (QBTC.TO) etf ₿4,336
163 Avalanche Bridged Bitcoin defi ₿4,156
164 OranjeBTC (OBTC3.SA) corporate ₿3,950
165 BitMEX corporate ₿3,699
166 Lightning Network Public Channels defi ₿3,658
167 Liquid defi ₿3,632
168 Bitcoin Group SE (ADE.DE) corporate ₿3,605
169 The Tezos Foundation corporate ₿2,903
170 Rootstock defi ₿2,696
171 ChinaAMC Bitcoin ETF (3042.HK) etf ₿2,603
172 Decred (CSPP) sovereigns ₿2,140
173 Canaan Inc (CAN) corporate ₿1,917
174 NEXON (3659.T) corporate ₿1,717
175 MimbleWimbleCoin sovereigns ₿1,639
176 Zap Solutions (Strike) corporate ₿1,500
177 Monochrome Bitcoin ETF (IBTC.XA) etf ₿1,442
178 Railgun sovereigns ₿1,383
179 Zano sovereigns ₿1,254
180 Treasury (TRSR) corporate ₿1,111
181 Core Scientific (CORZ) corporate ₿848
182 North Korea state ₿803
183 Cipher Mining (CIFR) corporate ₿646
184 Exodus Movement (EXOD) corporate ₿600
185 Pirate Chain sovereigns ₿597
186 Bhutan state ₿518
187 Litecoin (MWEB) sovereigns ₿349
188 Venezuela state ₿240
189 Fold Holdings (FLD) corporate ₿192
190 Steak 'n Shake corporate ₿162
191 HIVE Digital Technologies (HIVE) corporate ₿150
192 Finland state ₿90
193 Secret Network sovereigns ₿62
194 Firo (Spark) sovereigns ₿14
195 GameStop (GME) corporate ₿1
196 Bitdeer Technologies (BTDR) corporate ₿0
Treasury data from bitcointreasuries.net (2026-10-13). Crypto market caps from CoinGecko (live, top 100). Private crypto total is calculated live from tracked projects.